Most dynasty trusts are now drafted as directed trusts. A directed trust is a trust that removes one or more powers or discretions traditionally held by the trustee and vests that power or discretion in a person who is either a special trustee or not a trustee at all.
The administration of Trade, Business & Fictitious Names (“DBA”) registrations in Delaware will be transitioning as of February 2nd , 2026. DBA Registrations will now be done through Division of Revenue through an online process and will apply statewide.
Making sense of U.S. taxes is no small feat—especially when you’re living across borders, juggling green cards, dual citizenships, and tax treaties. Whether you’re a globe-trotting entrepreneur, a recent immigrant, or an advisor guiding international clients, understanding the intricacies of U.S. income and transfer tax residency rules is essential.
Jephte Lanthia has been appointed to the board of directors of DC Youth Orchestra Program (DCYOP), a nonprofit organization dedicated to providing music education to children in the DMV area, regardless of socioeconomic and cultural backgrounds.
Settling an estate of a loved one is a daunting task, as navigating the estate tax rules in the US can be unfamiliar and challenging to anyone, especially when an estate’s assets span multiple countries.
Investment advisors play a critical role in managing the long-term success of dynasty trusts, which often hold a significant portion of a high-net-worth individual’s estate. As more families use directed trusts, investment decision-making is frequently delegated to a trusted advisor rather than the trustee. Understanding this role is key to ensuring alignment with the family’s long-term financial goals and generational wealth planning.
The operating units of a multinational corporation usually engage in a variety of intercompany transactions. For example, a U.S. corporation may sell its manufactured products abroad through foreign subsidiaries. The same U.S. corporation may also provide
High Net-Worth Individuals will typically have a sophisticated estate plan given the size of their estate and uniqueness of their assets; this often includes a dynasty trust. The dynasty trust typically nowadays has many roles to fill in addition to trustee, one of the more important roles is the trust protector.
Directed trusts offer high-net-worth individuals greater flexibility and control in estate planning by allowing trusted advisors to oversee investment and distribution decisions. This structure separates administrative and advisory roles, reducing the liability of trustees while preserving the grantor’s intent. Ideal for complex family dynamics and unique assets, directed trusts support long-term wealth preservation across generations.
It has been our experience that business owners of SMBs do not get the attention required from their professionals and are confused as to their options. We have also seen opportunities missed and significant mistakes in the tax filings for the SMB.
As the global landscape becomes more interconnected, the financial and political implications of renouncing U.S. citizenship or permanent resident status have taken on new significance. In recent years, growing economic pressures, changing tax laws, and the increasingly complex nature of international finance have prompted a rising number of Americans to consider expatriation or relinquishing their green cards. The political climate in the U.S. adds a layer of complexity to this decision. With this decision comes a lesser-known but critical financial reality—the U.S. Exit Tax.
Navigate tax season smoothly with our guide to the 2025 tax deadlines. Stay ahead and avoid unnecessary penalties.
